Data breach at MGM Resorts, parent company of Borgata, expected to cost casino giant $100 million

Nigeria News News

Data breach at MGM Resorts, parent company of Borgata, expected to cost casino giant $100 million
Nigeria Latest News,Nigeria Headlines
  • 📰 6abc
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

The incident, which was detected on Sept. 10, led to MGM shutting down some casino and hotel computer systems at properties across the U.S. in efforts to protect data.

last month that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million, the Las Vegas-based company said.

The incident bore all the hallmarks of an extortionary ransomware attack, which MGM has not confirmed. If so, it could be the costliest ransomware attack on record, said Brett Callow of the cybersecurity firm Emsisoft. In 2019, the Norwegian aluminum manufacturer Norsk Hydro suffered $70 million in losses after refusing to pay ransomware criminals.

MGM has no evidence that the hackers and criminals have used the data to commit account fraud or identity theft, Hornbuckel said, noting the company will also reach out to impacted consumers via email and offer free identity protection and credit monitoring services.

MGM wasn't the only casino giant to get hit by hackers last month. Caesars Entertainment disclosed a Sept. 7 cyberattack. The Reno-based company said that its casino and online operations were not disrupted.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

6abc /  🏆 250. in US

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Las Vegas casino, hotel workers set strike deadline after talks stallLas Vegas casino, hotel workers set strike deadline after talks stallSome 35,000 Las Vegas hospitality workers are ready to walk off the job on Nov. 10 in a strike against casino and resort operators MGM Resorts International (MGM.N), Caesars Entertainment (CZR.O) and Wynn Resorts (WYNN.O) if they do not have a labor contract by then, their unions said on Thursday.
Read more »

This week in HS Sports: MGM’s dramatic football turnaround still ‘a little surreal’This week in HS Sports: MGM’s dramatic football turnaround still ‘a little surreal’The Mary G. Montgomery Vikings have gone from 0-10 in 2021 to 10-0 this season.
Read more »

Amazon MGM Hires Searchlight Distribution Boss Frank RodriguezAmazon MGM Hires Searchlight Distribution Boss Frank RodriguezEXCLUSIVE: Big shift in the film distribution sphere here today as Searchlight’s longtime Head of Distribution Frank Rodriguez is heading to Amazon MGM Studios as their new General Sales Mana…
Read more »

Corey Holcomb: 'The Book Of Coreythians' Chapter 1Corey Holcomb: 'The Book Of Coreythians' Chapter 1Corey Holcomb: 'The Book Of Coreythians' Chapter 1 at MGM Northfield Park - Neon Room:
Read more »

Big Cottonwood Canyon resorts make parking changes including reservations; feesBig Cottonwood Canyon resorts make parking changes including reservations; feesBoth Big Cottonwood Canyon resorts will now enforce parking reservations for skiers and riders.Solitude Mountain Resort rolled out their parking plans Thursday
Read more »

New data shows a decline in number of seafood harvesting jobsNew data shows a decline in number of seafood harvesting jobsFor the seventh year in a row, the Alaska Department of Labor and Workforce Development saw a decrease in the number of fishing industry jobs.
Read more »



Render Time: 2025-08-20 07:35:09